Kevin Crowley
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Wall Street Is Warming to Big Shale After $250 Billion of Deals
This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in.
- Saturday February 17, 2024
- Author: Kevin Crowley, David Wethe, Mitchell Ferman
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Wall Street Is Warming to Big Shale After $250 Billion of Deals
This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in.
- Saturday February 17, 2024
- Author: Kevin Crowley, David Wethe, Mitchell Ferman
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Exxon Mobil To Take $2.5 Billion Writedown On California Assets
Exxon Mobil Corp. warned investors of a $2.5 billion write down of the value of some California operations.
- Friday January 5, 2024
- Author: Kevin Crowley
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Chevron-Hess Deal Leaves Midstream Firm’s Future In Question
Chevron Corp.’s mega deal to acquire Hess Corp has thrown into question the future of Hess Midstream Partners.
- Wednesday October 25, 2023
- Author: Devika Krishna Kumar, Kevin Crowley
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U.S. Oil Dealmaking At Full Tilt As Chevron Agrees To Buy Hess
Chevron Corp.’s proposed $53 billion takeover of Hess Corp. is the second megadeal this month.
- Tuesday October 24, 2023
- Author: David Wethe, Kevin Crowley, Mitchell Ferman, Kiel Porter
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U.S. Oil Dealmaking At Full Tilt As Chevron Agrees To Buy Hess
Chevron Corp.’s proposed $53 billion takeover of Hess Corp. is the second megadeal this month.
- Tuesday October 24, 2023
- Author: David Wethe, Kevin Crowley, Mitchell Ferman, Kiel Porter
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U.S. Oil Majors Use Big Deals To Stay Ahead Of European Rivals
The valuation gap between the European oil majors and their dealmaking U.S. peers remains stubbornly wide.
- Tuesday October 24, 2023
- Author: Laura Hurst, Kevin Crowley
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Exxon In Talks To Pay More Than $250 A Share For Pioneer
An all-stock deal could be announced as soon as Wednesday.
- Wednesday October 11, 2023
- Author: Liana Baker, Kiel Porter, Kevin Crowley
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Exxon CEO’s Quest For Mega Deal Is A Bet On Oil’s Staying Power
Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant.
- Sunday October 8, 2023
- Author: Kevin Crowley
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Exxon CEO’s Quest For Mega Deal Is A Bet On Oil’s Staying Power
Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant.
- Sunday October 8, 2023
- Author: Kevin Crowley
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Exxon In Talks To Buy Shale Driller Pioneer Natural In What Could Be 2023’s Biggest Deal
Any deal would likely reshape the U.S. oil landscape and be Exxon’s largest acquisition since its 1999 takeover of Mobil Corp.
- Friday October 6, 2023
- Author: Kiel Porter, Kevin Crowley, David Stringer
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Oil Headed For $150 Without US Support For More Drilling, Shale CEO Says
Benchmark US crude futures have risen 12% this year to more than $90.
- Tuesday September 26, 2023
- Author: Kevin Crowley, Alix Steel, David Wethe
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Exxon Sees CO2 Emissions In 2050 More Than Twice Paris Goal
Exxon Mobil Corp. sees the world failing to reduce emissions fast enough to limit global warming to 2C (3.6F) above pre-industrial norms by 2050 due to soaring economic growth, particularly in developing countries.
- Monday August 28, 2023
- Author: Kevin Crowley
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Exxon Sees CO2 Emissions In 2050 More Than Twice Paris Goal
Exxon Mobil Corp. sees the world failing to reduce emissions fast enough to limit global warming to 2C (3.6F) above pre-industrial norms by 2050 due to soaring economic growth, particularly in developing countries.
- Monday August 28, 2023
- Author: Kevin Crowley
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How An Oil Giant Took Control Of Biden's Billion-Dollar Bet On Carbon Capture
The Biden administration has selected Oxy to run a so-called DAC hub, where it will pilot the technology the oil company thinks can save its core fossil fuel business.
- Monday August 28, 2023
- Author: Kevin Crowley